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Crude Oil Price Outlook: Oil Backwardation at 4yr Highs Ahead of OPEC Meeting

May 17, 2019 at 09:35AM

Crude Oil backwardation highest in 4yrs, which in turn has typically provided a bullish structure for the spot price.

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From:
Justin McQueen https://www.dailyfx.com/forex/market_alert/2019/05/17/Crude-Oil-Price-Outlook-Oil-Backwardation-Soars-to-4yr-Highs-.html
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